Definition of "rescindable" []

• Describing something that can be rescinded. (adjective)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

• "An honest rich man called a top tax inspector last month to report an approach by a big four firm offering a complex new capital gains tax wheeze involving "rescindable contracts"."
• "If the APR, or annual percentage rate, is off by a fraction of a percent between the preliminary and final loan documents, the loan may be rescindable."
• "Contracts, then, entered into because of accidental mistake which was induced by the fraud or misrepresentation of the other party, will be rescindable at the option of the party deceived."